🧐 ProPicks AI October update is out now! See which stocks made the listPick Stocks with AI

United Arab Emirates shares lower at close of trade; DFM General down 1.15%

Published 2016/12/14, 13:15
© Reuters.  United Arab Emirates shares lower at close of trade; DFM General down 1.15%
FCEM
-
DFMGI
-
DFMIF
-
DFMRE
-
DFMTC
-
DFM
-
DINV
-
DU
-
ENBD
-
GGIC
-
ADIB
-
EMSTEEL
-
GCEM
-
FAB
-
FTFADGI
-
MARKA
-
ESHRAQ
-

Investing.com – United Arab Emirates equities were lower at the close on Wednesday, as losses in the Telecoms, Finance & Investment and Real Estate & Construction sectors propelled shares lower.

At the close in Dubai, the DFM General lost 1.15%, while the ADX General index lost 0.94%.

The biggest gainers of the session on the DFM General were Marka Pjse (DU:MARKA), which rose 4.58% or 0.06 points to trade at 1.37 at the close. Gulf General Investments Company (DU:GGIC) added 2.25% or 0.012 points to end at 0.546 and Emirates NBD PJSC (DU:ENBD) was up 1.82% or 0.150 points to 8.390 in late trade.

Biggest losers included Dubai Investments PJSC (DU:DINV), which lost 2.51% or 0.060 points to trade at 2.330 in late trade. Emirate Integrated Telecom Co PJSC (DU:DU) declined 2.38% or 0.150 points to end at 6.160 and Dubai Financial Market PJSC (DU:DFM) shed 2.29% or 0.030 points to 1.280.

The top performers on the ADX General were Ad Islamic Bk (AD:ADIB) which rose 3.86% to 3.770, Natl Bk Of Ad (AD:NBAD) which was up 0.50% to settle at 10.05 and Fujairah Cement Industries Co PSC (AD:FCI) which unchanged 0.00% to close at 1.11.

The worst performers were Arkan Building Materials Co PJSC (AD:ARKN) which was down 7.45% to 0.8700 in late trade, Eshraq Properties Co PJSC (AD:ESHR) which lost 2.80% to settle at 1.0400 and Gulf Cement Co (AD:GCEM) which was down 2.06% to 0.9500 at the close.

Declining stocks outnumbered rising ones by 21 to 14 and 2 ended unchanged; on the Abu Dhabi, 15 fell and 6 advanced, while 6 ended unchanged on the Dubai Stock Exchange.

In commodities trading, Crude oil for January delivery was down 1.32% or 0.70 to $52.28 a barrel. Meanwhile, Brent oil for delivery in February fell 1.24% or 0.69 to hit $55.03 a barrel, while the February Gold contract rose 0.37% or 4.25 to trade at $1163.25 a troy ounce.

USD/AED was down 0.01% to 3.6728, while EUR/AED rose 0.11% to 3.9075.

The US Dollar Index was down 0.12% at 100.96.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.